This is pure advertisement. Please stop misusing our forum for ads.
OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
51–60 of 85 posts
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#52I'd love to understand what you expect to find (given that you might have some special insight into credit scoring). I'd guess that the "algorithm" could be an embarrassingly simple sum of thumbs up/down for a handful of items. Like: If a person lives in a thumbsup/thumbsdown/nothumbs neighborhood etc.
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#53This is pure advertisement. Please stop misusing our forum for ads.
It might be that on the wave of rage against SCHUFA someone wants to crowdsource huge library of personal data:)
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#54Earlier quoted context omitted.
> A citizen of an EU country residing in Germany is under no obligation to hold a passport. Any EU citizen needs a passport or equivalent in Germany. One needs it already when entering Germany. Though you don't need to carry it all time with you. But you need to have one.
A citizen of EU country has no obligation to hold a passport while in another EU country in case their country issues other document confirming both identity and nationality of a citizen e.g. a national ID.
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#55Earlier quoted context omitted.
How do you plan to do that? Which bits of information can you gather that allow you reverse engineer significant parts of their process?
Consumer's have a right to get an overview of all their collected data as well as the calculated (category) scores once each year for free. These could essentially serve as input output pairs.
I know what the reports contain. And I do not see how you could gather any meaningful insights from it.
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#56Earlier quoted context omitted.
Why you're immediately teasing UK? They are exception in this regard. I'm talking about national IDs which most other EU (all but UK?) countries are issuing. Yet SCHUFA clearly demands passport in their instructions. In 6 different languages, 4 of which are official languages of the EU.
Because passports are the international standard, issued under international guidelines while identity cards aren't.
The international standard is completely irrelevant here. The parent poster specifically mentioned the case of EU citizens.
As a EU citizen you can settle in Germany without owning a passport. It's not up to private companies to redefine what consists in a recognized official form of identification.
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#57I'd love to understand what you expect to find (given that you might have some special insight into credit scoring). I'd guess that the "algorithm" could be an embarrassingly simple sum of thumbs up/down for a handful of items. Like: If a person lives in a thumbsup/thumbsdown/nothumbs neighborhood etc.
wrt algo - afaik the biggest credit rating agency in Germany is "just" using a logistic regression. details will follow.
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#58FYI in case you speak German, this project is currently all over the news in Germany, causing quite a stir. TV http://www.tagesschau.de/inland/schufa-101.html https://www1.wdr.de/mediathek/video/sendungen/wdr-aktuell/vi... https://www.n-tv.de/ratgeber/Aktivisten-wollen-Schufa-Code-k... Online https://www.wired.de/collection/life/openschufa-macht-bonita... http://www.spiegel.de/wirtschaft/service/kreditwuerdigkeit-w..…
Good luck convincing Germans to surrender their data. I would be very surprised seeing this working out. Also, you will get data from a very skewed demographic. AFAIR there is an upcoming EU law which requires (at least some) transparency on how scores are evaluated, in expectation of algorithms making life changing decisions. We'll see how that's panning out. EDIT: to clarify, I'd love to see this working out. But I…
We are trying to convince them.
Here are the live stats from the requests https://selbstauskunft.net/statistiken
Skewed demographics are on the radar (we know we are in bubble). EU regulation 2016/679 GDPR with May 25th is also on the radar.
For more related projects see http://mydata.org
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#59I work in the credit finance space. The first thing that jumps out to me is the security and privacy of people's credit data details. There is a lot of personal information that could be used for stealing one's identity. What assurances are there that this data is protected and anonymous?
The data and credit scores are sent from the credit score agencies to each person directly (via snail-mail). After that they can decide to upload their "anonymized" data or not. In order to develop a privacy focused uploading process we started the crowdfunding campaign.
So you don't just need my data, you also want my money. Great! (sarcasm in case it's not clear)
Re: OpenSCHUFA – Reverse-engineering the algorithm of the German credit score agency
#60SCHUFA is demanding a passport copy from EU citizens to obtain the annual unpaid data overview report. A citizen of an EU country residing in Germany is under no obligation to hold a passport. I don't understand how until now no one torn the SCHUFA credit bureau into pieces over it. https://i.imgur.com/nEZRJDv.png
They say that, but there is really no need. Just send them a letter with your name, DoB and address and request the information. They'll process it just fine, they actually have to because the law doesn't require a passport for identification.
I guess it is just a dark pattern to sell their "premium" products.